Foreclosure Law Lawyers In Tazewell Virginia

Tazewell is a town in Tazewell County, Virginia, USA. The population was 4,206 at the 2000 census. It is part of the Bluefield, WV-VA micropolitan area, which has a population of 107,578. It is the county seat of Tazewell County. Originally named Jeffersonville, Tazewell is situated near the headwaters of the Clinch River. It is one of the smallest towns in the United States to once own a street car.

What is foreclosure law?

Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.